This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Major league baseball salaries averaged 3.26 million with a standard deviation of 1.2 million in a ... (Read 112 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: Jun 24, 2018
Major league baseball salaries averaged 3.26 million with a standard deviation of 1.2 million in a recent year. Suppose a sample of 100 major league players was taken. Find the approximate probability that the mean salary of the 100 players was less than 2.5 million.
 
  A) 0.9849 B) approximately 1 C) approximately 0 D) 0.0151

Question 2

The variance of the sum of two investments will be equal to the sum of the variances of the two investments when the covariance between the investments is zero.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


pepyto

  • Member
  • Posts: 547
Reply 2 on: Jun 24, 2018
Gracias!

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Major Hydrosphere Reservoirs Major Hydrosphere Reservoirs
Standard Medical Record and Types of Reports Found in Record Standard Medical Record and Types of Reports Found in Record
Major band of storms Major band of storms
Major Structures of the Human Brain Major Structures of the Human Brain
Major Groups of Fungi Major Groups of Fungi
Video: Integumentary Anatomy

For a complete list of videos, visit our video library